Riverside / Durham median real estate price is $443,654, which is more expensive than 29.5% of the neighborhoods in Colorado and 58.7% of the neighborhoods in the U.S.
The average rental price in Riverside / Durham is currently $1,919, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.8% of Colorado neighborhoods.
Riverside / Durham is a rural neighborhood (based on population density) located in Grand Junction, Colorado.
Riverside / Durham real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Riverside / Durham neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Riverside / Durham, the current vacancy rate is 0.6%, which is a lower rate of vacancies than 92.5% of all neighborhoods in the U.S. This means that the housing supply in Riverside / Durham is very tight compared to the demand for property here.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Of particular note, 8.9% of the people in the Riverside / Durham neighborhood currently reside in a correction facility, held due to punishment for a crime.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Riverside / Durham neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 62.9% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.0% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Our research shows that more people carpool to work here in the Riverside / Durham (23.6%) than in 96.3% of the neighborhoods in America.
If you like the look and ambience of new homes and newly built neighborhoods, you will love the Riverside / Durham neighborhood. A whopping 71.9% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 96.2% of the neighborhoods in the U.S. Everything here just feels new.
Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Riverside / Durham neighborhood. In the Riverside / Durham neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.6% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.
Did you know that the Riverside / Durham neighborhood has more Dutch ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.7% of this neighborhood's residents have Dutch ancestry.
Riverside / Durham is also pretty special linguistically. Significantly, 2.1% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 99.2% of the neighborhoods in America.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Riverside / Durham neighborhood in Grand Junction are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 68.9% of U.S. neighborhoods. In addition, 7.4% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 57.4% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Riverside / Durham neighborhood, 54.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 20.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.8%), and 11.1% in clerical, assistant, and tech support occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Riverside / Durham neighborhood is English, spoken by 91.1% of households. Other important languages spoken here include Spanish, Italian and Greek.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Riverside / Durham neighborhood in Grand Junction, CO, residents most commonly identify their ethnicity or ancestry as German (24.3%). There are also a number of people of Mexican ancestry (13.0%), and residents who report English roots (12.4%), and some of the residents are also of Irish ancestry (7.2%), along with some Italian ancestry residents (4.3%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Riverside / Durham neighborhood spend under 15 minutes commuting one-way to work (62.9% of working residents), one of the shortest commutes across America.
Here most residents (63.4%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (23.6%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.